KARACHI: The State Bank of Pakistan (SBP) has paused disbursements under the Mera Pakistan Mera Ghar (MPMG) housing scheme till 31st August. The State Bank has also ordered to pause new disbursements under the Prime Minister Kamyab Jawan Youth Entrepreneurship scheme till July 15.
The MPMG low-cost housing scheme comes under the umbrella of the former Pakistan Tehreek-e-Insaf government’s Naya Pakistan Housing Program. Currently, only 21,980 houses have been completed while 52,439 are under construction. Moreover, 95,084 units are in their planning phase.
The program was initiated to ensure that adequate housing is provided to lower- and middle-income classes. The project also aimed at improving economic activities in the construction sector.
The circular issued by the SBP further stated that in cases where partial disbursements have already been made till June 30, 2022, banks may release the remaining disbursements under the MPMG scheme.
SALALAH: Oman’s Ministry of Housing and Urban Planning has announced plans for Future Salalah City,…
Gwadar: The federal government has approved the construction of Gwadar Eastbay Expressway Phase II, linking…
The federal government has announced the abolition of Right of Way (RoW) charges on federal…
Federal Minister for Railways Hanif Abbasi announced that several major projects — including the digitalization,…
Islamabad, Aug 7: A delegation of Islamabad's parliamentarians met with CDA Chairman and Chief Commissioner…
Islamabad – The National Highway Authority (NHA) has announced an ambitious upgrade of the Karachi…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
